Investment Banking to Strategic Finance Associate

Hi all, 

I am an Investment Banking Sr.Analyst with four years of experience (I previously did 2 years in Corp Dev for a large Financial Institution). I am considering a move to Strategic Finance as an Associate at a Technology Company that recently closed a Series C round.   

I am in a little bit of a situation as I would like to make a move; however, I feel I still have more to give in Banking.  

Yes, the work is repetitive - constantly turning ELs, NDAs, populating data rooms, CIMs upon CIMs, and every now and then, some intense modelling (once a month really). I've recently had way more interaction with clients and potential buyers/investors assessing our deals. It is exciting, and the hours are very good. I never need to clock in more than 70, and I will occasionally have a 55-hour week before a long weekend. Comp is good, as I made $165K last year but haven't had much of a life, lol. Bosses love to email over the weekends, regularly keeping me close to my laptop. 

The Tech Company I've been speaking to is looking to make acquisitions, grow, and eventually look to IPO in the next few years. I like modelling and analyzing Companies, and I have been a bit of a nerd reading Financial Planning & Analysis and Performance Management by Jack Alexander. 

The role at the Tech Company will pay $125K base + 10% performance bonus and $10K in equity. I want to take the role, but I am wary of the state of the Tech Industry, given the layoffs. It would be great to have my weekends back, and the Management team is big on WLB. 

My reservations are as follows: 

1) Worried about Exit Opps - I have checked other forums, and the information seems to suggest mostly corporate roles 

2) Leaving Investment Banking - eventually, this will happen, but I am not sure if I should dip now 

3) I believe PE + VC/going back into Banking would be difficult (please do correct me if I am wrong)   

4) Would years of experience in SF actually lead to a CFO role? 

The SFA role is remote, and I currently go into the office 5 days a week in my banking job. 

For those who jumped to SF from IB, I would love to hear your opinions on taking a hit on Comp and WLB, the nature of the work, and whether it's worth the jump. Also, do you feel you limited your earnings potential by moving into SF? 

I am about to be 27 and will get married by 29, and I can't take risks after a year or two in terms of moving around. I apologize for the long post, but I would love to hear your opinions. Thank you. Additionally, I live in an HCOL city but my rent is pretty cheap lol...





 

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